High-Visibility Storefront
2402 S MACARTHUR Drive Alexandria, LA 71303
2402 S MACARTHUR Drive, Alexandria, LA, 71303
$175,000
For Sale
$175,000
Well-maintained, approximately 12-year-old commercial building in a high-traffic area with strong exposure for retail or service uses.
Property Size1,200 SF
Price / SF$145.83
Days on Market140
Property Features for 2402 S MACARTHUR Drive
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2012
Listing agency
LATTER AND BLUM Central Realty LLC
(318) 715-4795
Listed by
Buck Holt · License #SALE.995704186-ACT
(318) 715-4795
Source
Xome
Added: Mar 4 Updated: Jul 22 at 4:57AM Checked: Jul 22 at 4:57AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LATTER AND BLUM Central Realty LLC
Investment Insights
Based on property information with market context.
This well-maintained storefront commercial building is approximately 12 years old and designed to support a variety of commercial uses. The building offers a commercial storefront configuration intended for business presence and visibility.
The property is located on S MacArthur Drive in a high-traffic area, providing exposure for customers passing by. Accessibility is highlighted as part of the overall offering.
With a relatively compact size, this is a straightforward option for an owner-operator or investor seeking a storefront-style commercial property in a busy setting.
The property is located on S MacArthur Drive in a high-traffic area, providing exposure for customers passing by. Accessibility is highlighted as part of the overall offering.
With a relatively compact size, this is a straightforward option for an owner-operator or investor seeking a storefront-style commercial property in a busy setting.
Key Highlights
- Well‑maintained commercial building built in 2012 (about 12 years old)
- Zoned C for commercial use
- High‑traffic, high‑visibility location with strong business exposure
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $21.6k | $18.00 |
| − Vacancy | −$972 | −$0.81 |
| EGI | $20.6k | $17.19 |
| − OpEx | −$6.2k | −$5.16 |
| NOI | $14.4k | $12.03 |
1,200 SF · lease $18.00/SF/yr · vacancy 4.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$206.3K
$180.5K – $240.7K
NOI $14,440 @ 7.0% cap · market cap 8.25%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$330.8K
$289.4K – $385.9K
NOI $23,155 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Sandy's Clip-N-Dip
Pet Grooming Service
Similar For Sale Nearby
Similar Off Market Nearby
- Albertsons Floral — 2265 s macarthur dr, alexandria, la 71301
- Sam's Club Floral — 3805 North Blvd, Alexandria, LA 71301
FAQs
What type of property is this?
Storefront property - Well-maintained, approximately 12-year-old commercial building in a high-traffic area with strong exposure for retail or service uses.
Where is this storefront property located?
The property is located at 2402 S MACARTHUR Drive Alexandria, LA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Well‑maintained commercial building built in 2012 (about 12 years old); Zoned C for commercial use; High‑traffic, high‑visibility location with strong business exposure